| (REF: CE138) Recruitment for Hospitality Industry – Temporary Staff |
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| Seller Reference: |
CE138 |
| B4S Reference: |
16247 |
| Asking Price: |
£680,000
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| Net Profit: |
£115,000 |
| Sales Revenue: |
£1,200,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
North West London, North West London, United Kingdom |
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This successful business was established in 2000 as a recruitment agency for the hospitality industry, primarily providing temporary staff. Customers include hotels, hospitals, exhibition centres, museums, clubs and large companies.
The company has excellent potential to hit £3,000,000 turnover within the next 2-3 years by continuing business as they are providing staff for a variety of events.
The company has an extensive databank of staff of the highest quality who are all fully checked and trained, professional and well dressed.
This extremely successful recruitment company specialises in the hospitality sector and is offered for sale due to the diverging commitments of the partners involved. Their differing situations and outlooks has not driven the business to achieve all that it could do financially. A decision has therefore been reached by the partners that, for the business to achieve its best potential, it must be offered for sale to a company or organisation who will be focussed enough to take this business to the level and success it deserves.
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Property: |
Leasehold |
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Lease Terms: |
The business is on a busy main road in North West London, near a mainline railway and tube station in addition to a main and regular bus route.
The company has 2 offices, meeting/training room, kitchen and washroom.
The property has a renewable lease which runs for 5 years. The rental is currently circa £15,000 per annum.
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Living Accommodation: |
No |
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The business has used little advertising in the past, so there are excellent opportunities to increase this activity. There is currently a website being installed but more work in this area would also undoubtedly increase turnover and subsequent profits. |
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This is a highly profitable business with huge potential to expand further, perhaps by increasing sales through marketing and advertising, which is not utilised at present, current sales being obtained purely through repeat and referred business.
The market is ripe for growth ensuring fantastic opportunities to increase the market revenue, size and scope of the business.
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The current owners will provide all necessary training, to ensure a smooth transfer of the business to the new owners. |
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Being in his seventies the owner now wishes to retire |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday – Friday: 7.30 am – 5.30 pm |
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The company employs 4 full time staff, (Operations and admin). |
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